Plan Ledger DOL Form 5500 · updated monthly

White's Farm Supply Inc401(k)

WHITE'S FARM SUPPLY INC EMPLOYEE'S PROFIT SHARING AND RETIREMENT PLAN · CANASTOTA, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

White's Farm Supply Inc reported $2,425 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,596 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,592nd of 5,648), and 8,711th of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,145,061
Participants with balances115
Active participants112
Employer contributions$290,734
Employee contributions$391,586
Employer contribution per active participant$2,596
Average account balance$88,218
Benefits paid to participants$466,654
Plan auditUnmodified (clean) audit opinion
AuditorD'ARCANGELS & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 115 accts · $291K emplr
2023$8.9M · 119 accts · $296K emplr
2022$7.6M · 114 accts · $282K emplr
The White's Farm Supply Inc 401(k) match · 2024
Employer contribution per active participant$2,596
Median for plans this size$1,313
2024$2,596 per active participant
2023$2,934 per active participant
2022$2,561 per active participant

White's Farm Supply Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$2,425

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,425 · 0.03%
2023$2,377 · 0.03%
2022$1,210 · 0.01%
Similar plansManufacturing · New York
T & L Automatics, Inc. NY$10.3M · 0.01%
Selux Corporation NY$10.2M · 0.27%
Trayer Products, Inc NY$10.2M · 0.09%
Servotronics Inc NY$10.1M · 0.26%
Mpi Incorporated NY$10.0M · 0.34%
Makerbot Industries Inc NY$10.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150622271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.